Which of the following is a normative statement?
A) Flood victims should pay for their own rebuilding.
B) Recessions lead to increases in the unemployment rate.
C) When the price of kiwi fruit increases, fewer people eat kiwi fruit.
D) An increase in the supply of computers has caused computer prices to fall.
E) Hurricanes strike mainly Florida and North Carolina.
Correct Answer:
Verified
Q138: Consider a diagram in which the variable
Q139: A normative statement
A)says what is currently believed
Q140: Which of the following statements is the
Q141: Your economics professor offers 10 points extra
Q142: As the price of home heating oil
Q144: The slope
A)equals the change in the value
Q145: Will, Bill, and Phil decide to study
Q146: Instead of studying for an additional two
Q147: Of the three major economic questions, which
Q148: All economic questions and problems arise from
A)the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents